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If you believe that tax breaks are reserved for hedge fund managers and companies with offshore subsidiaries you re probably paying too much to the IRS Lawmakers have enacted dozens of tax incentives targeted at middle class families Taking full advantage of these tax breaks Source

Millions of people received a tax refund last year. In fact, when you look the total number of refunds issued by the IRS in 2017 you may be surprised by the numbers. Nearly 75% of returns received resulted in a refund averaging around $2,782. No doubt some of the refunds were...

It s easy to make mistakes when you re trying to do your own tax return but some mistakes seem to happen way too often We asked a couple of tax pros about gaffes 160 they see over and over again when people fly solo on tax prep Here are four big ones they want you to avoid 1 Source

By now you should have your hands on probably 160 the most important tax form this filing season 160 your W 2 Formally called the Wage and Tax Statement it s a boxy looking beauty that details compensation from an employer Generally every employer that paid you at Source

One of the biggest decisions people make at tax time is whether to itemize or take the standard deduction Most people take the standard deduction according to IRS data but tax pros warn that if you re not careful taking the standard deduction could actually stick you with a...

Tax preparers are a hot commodity this time of year but sometimes their clients drive them crazy with habits they say are over the line Here are a few ways you can be less taxing to your tax pro Don t wait until March to make an appointment Why it s annoying When February Source

There are 160 nearly 1 000 160 federal tax forms available from the IRS but odds are 160 you don t need to care about most of them Here is a handful of forms you should know about as you prepare 160 your tax return for the April 17 filing deadline this year Before you Source

Note The editors of Kiplinger s Personal Finance magazine and the Kiplinger Tax Letter are answering questions about the new tax law from subscribers to our free Kiplinger Today daily email See other reader Q amp As about the new tax law or submit your own question Note Source

Note The editors of Kiplinger s Personal Finance magazine and the Kiplinger Tax Letter are answering questions about the new tax law from subscribers to our free Kiplinger Today daily email See other reader Q amp As about the new tax law or submit your own question Note Source

Note The editors of Kiplinger s Personal Finance magazine and the Kiplinger Tax Letter are answering questions about the new tax law from subscribers to our free Kiplinger Today daily email See other reader Q amp As about the new tax law or submit your own question Note Source